Building Details

Number of units 1

Building materials MetalSiding

Listing Agency: Coldwell Banker-Mtn Gate Properties · Coldwell Banker Real Estate a***@hotmail.com Show Phone

Listed By: Stace Jankowski · License #02003434 Show Phone

Added: Jul 6 Changed: Sep 3 Last Checked: Oct 7 at 1:06AM

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MLS# 20260877

Copyright © 2026 Siskiyou Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial office property at 321 Payne Lane in Yreka, California, includes approximately 6,000 square feet of building area on a 2.9-acre parcel. The interior is organized around a broad open layout that can accommodate office operations, retail, service businesses, or a combination of these uses. Two bathrooms are identified, and the building features metal siding construction.

The property is located in Yreka, CA 96097. Its sizable land component and adaptable interior provide a straightforward setting for a range of commercial configurations while preserving the existing office-building format.

Key Highlights

• Approximately 6,000 square feet of commercial office space
• 2.9‑acre parcel in Yreka, California
• Large open interior layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$81,648

Cap Rate

9.07%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,632,960 $1.6M

Cap Rate 7%

$1,166,400 $1.2M

Cap Rate 9%

$907,200 $907.2K

Market Conditions

NOI Build-Up for 6,000 SF

Gross rent

$129.6K $21.60/SF

− Vacancy

−$20.7K −$3.46/SF

EGI

$108.9K $18.14/SF

− OpEx

−$27.2K −$4.54/SF

NOI

$81.6K $13.61/SF

Area

Siskiyou County, CA

Vacancy

16.00%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,632,960

Cap Rate 7%

$1,166,400

Cap Rate 9%

$907,200

Alternative Uses

Best Use

Office B

$1.17M

$1.02M – $1.36M (±1% cap)

NOI $81,648 @ 7.0% cap · market cap 9.07%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.77M

$1.54M – $2.06M (±1% cap)

NOI $123,552 @ 7.0% cap · market cap 13.73%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Stidham Trucking, Inc. Trucking Company

Suggested Use

Top Pick Electrical Service Real Estate Agency Garden Center Grocery & Convenience Store Hair Salon Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

444

Businesses Nearby

Explore this area Business Placement

Demographics for 96097, CA

10,131

Population

4,737

Households

2.1

Avg Household Size

44

Median Age

20%

College-Educated

91%

High-School Grad

181.7 sq mi

ZIP Area

56

Density / Sq Mi

$47,105

Median Household Income

$36,325

Median Earnings

$984

Median Rent

$256,400

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Flexible interior arrangement supports office, retail, and service-oriented business uses.

Where is this office building located?

The property is located at 321 Payne Lane Yreka, CA.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: Approximately 6,000 square feet of commercial office space; 2.9‑acre parcel in Yreka, California; Large open interior layout